High Risk
Reported as a scam / unregulated
SF-707021registry entry
Why SGFX is on the register
SGFX claims to be licensed as a foreign exchange dealer under Belize International Financial Services Regulatory Commission (Belize FSC) with license number: IFSC/60/431/TS/18. However, we did not find any match results to the company name or the license number in Belize FSC. The regulatory info this broker claims is a false statement for unsuspecting traders. The truth is that SGFX is not overseen by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.